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What is the value today of a money machine that will pay $2,054.00 every six months for 26.00 years? Assume the first payment is made

What is the value today of a money machine that will pay $2,054.00 every six months for 26.00 years? Assume the first payment is made 4.00 years from today and the interest rate is 15.00%.

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#5 answered + What is the value today of a money machine that will pay $2,054.00 every six months for 26.00 years? Assume the first payment is made 4.00 years from today and the interest rate is 15.00%. incorrect 5 Submit Correct Answer: $16,123.35 Points: 0 Answer format: Currency: Round to: 2 decimal places. More Details Hide Hint Retake Similar to CSD Chapter 3 #6 Attempts Remaining: Infinity

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